What are the benefits of a Credit Line?

Everyday, there are many situations in which additional financial resources are urgently needed. If you do not have the money and the ability to borrow from relatives or friends, a Credit Line can serve as practical support for short term financial difficulties.

Relatively fast and handy support for different situations

credit loan

A credit line is an alternative to a credit card – it acts as a cash account, from which you can quickly borrow funds within the credit limit granted to you. It gives you the choice of cash from 100 up to 1500 euros whenever you need it and is available indefinitely.

Some of the benefits of a Credit Line are:

Some of the benefits of a Credit Line are:

  • fast and easy sign-up;
  • prompt processing of credit line application and granting of money;
  • does not require a guarantee, pledge or statement from the workplace to receive the funds;
  • relatively low loan repayment fee;
  • professional customer service.

In addition, the Credit Line offers flexible repayment terms. Namely, you can choose your repayment schedule – both in installments and in full.

Ask yourself 4 questions and borrow well!

Before borrowing, be honest about whether or not you will be able to repay the selected Credit Line within the time limit. Look out for total payments up to 20% to 30% of your monthly income! A quick loan may provide support in the event of sudden financial difficulties, but it is inappropriate for prolonged money problems. If you are considering borrowing, it is always worth asking yourself these four questions before applying:

Will my regular income allow me to repay the loan in full?

Is spending urgent and do I really need a loan?

Is the loan chosen for a short-term purpose?

Will I be able to repay the loan on time?

If you can answer all the questions in the affirmative, then a credit line may be the right solution for your financial situation.

Personal finances have to be taken care of everyday

credit loan

Regardless of the current situation in your wallet or bank account, it is always important to keep in mind two cornerstones for maintaining a good financial situation:

  1. reasonable spending and budgeting;
  2. saving.

Taking care of your finances on a daily basis will help you avoid borrowing. However, if you need a cash loan, only choose a trusted lender!

Arsène Lupin – Flexible Credit line for smart decisions. Come to Arsène Lupin and see the benefits! Before applying for a loan, read the terms of the contract and borrow responsibly, carefully assessing your chances to repay the loan!